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The Trump-affiliated World Liberty Financial was originally pitched as a tool that was going to provide access to Aave.

To facilitate this original mission exactly one year ago, nearly every single voter approved a "Proposal To Launch Aave V3 Instance On Ethereum Mainnet."

However, despite making this commitment, there's been no public progress on this mission.

Is World Liberty Financial a dead project?

Indeed, the "Lend&Borrow" product on World Liberty Financial's website is still listed as "Soon."

Many more serious DeFi projects will include a GitHub where you can see how development on the protocol and front-end are coming, but for some reason, this project that claims to be "community governed" hasn't found that to be necessary.

In practical terms, that means it's very difficult for us on the outside to get any insight into whether this is days away from launching or is effectively stagnant.

What we can say more definitively is that World Liberty Financial's last post on X that included the phrase "Aave" was posted on January 20th, when Trump was inaugurated. This was in reference to a purchase of the Aave token.

Protos reached out to World Liberty Financial to determine when this instance is launching, but it didn't respond before publication.

However, despite the apparent difficulties that World Liberty has had in launching its AAVE instance, those difficulties haven't prevented it from launching a multi-billion dollar stablecoin, a feat they accomplished without a single tokenholder needing to vote in its governance system.

— Bennett Tomlin